ETHIOPIA - As the nation strides to embark on industry led economy in GTP II set to begin in the 2008 budget year, the expansion of labour intensive manufacturing industries could absorb rural labour.
KENYA - Mumias Sugar Company has temporarily suspended operations for urgent maintenance work.
ETHIOPIA - Parliament has approved a Polish loan of 50 million dollars for the sugar sector, although the Sugar Corporation had already announced a tender to start spending the money without waiting for the House’s decision.
ZAMBIA - Zambia Sugar Plc has signed a syndicated financing agreement of US$60 million with four local commercial banks to increase its annual sugar production capacity to 92,000 from 45,000 metric tonnes.
GHANA - The Ministry of Trade and Industry (MOTI) is engaging stakeholders to solicit their input for a draft National Sugar Policy to help revamp the industry and make it a globally competitive one.
ETHIOPIA - Ethiopia is on track to double the number of its sugar estates to six by November this year, a senior official said on Friday, and the Horn of Africa country hopes they will generate $500 million a year in export revenue.
KENYA - Mumias Sugar has hired an Australian, Eroll Johnston, as its new chief executive officer to drive turnaround of the company after receiving a Sh1 billion State bailout package.
KENYA - West Kenya Sugar Company has been denied a second milling factory in Busia County.
KENYA - Debts owed to cane farmers contracted to Mumias Sugar Company will be paid first before the company embarks on renovation.
TANZANIA - Stakeholders in the sugar industry have commended the government's decision to introduce tax on sugar imported into the country as raw material, a representative of Tanzania Sugar Producers Association (TSPA), Mr Hamad Yahaya, told a news conference at the weekend.
ZIMBABWE - Zimbabwe's largest sugar producer, Tongaat Hulett, production declined by nine percent to 445 000 tonnes in the full year to March 2015 compared to 488 000 registered in the prior period due to low dam levels.
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